Loading…
China's natural gas prices have risen to a three-year high as northern cities face heating fuel shortages. The shortage follows the push to replace coal heating with gas, plus limited LNG terminal and pipeline capacity.
Strong Chinese demand for LNG tightens global gas supply and supports gas prices, raising costs for nitrogen fertilizer and energy-intensive processing.
global.chinadaily.com.cnZheng XinDec 19, 2017After 13 past bullish policy events, Natural Gas moved a median -1.7% over 5 sessions (46% higher; middle half -2.4% to +4.5%), and +5.3% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
